ZSTACKS has recently unveiled an innovative project: GRVT, a hybrid decentralized exchange (HEX). It is a groundbreaking endeavor seamlessly merges the user-friendly aspects of centralized finance (CeFi) with the empowering principles of decentralized finance (DeFi), which were once considered daunting challenges.
This innovation revolves around the ZK Stack, an open-source framework that provides builders with flexibility. Utilizing Hyperchains, a collection of distinct blockchains, allows users to easily manage their funds while enjoying the simplicity and convenience found in popular CeFi platforms like Robinhood.
Traditional decentralized exchanges (DEXs) support self-custody, but they encounter challenges such as managing private keys, bridging, and deposits. However, the GRVT approach offers users a fully centralized financial experience while still maintaining the benefits of self-custody.
GRVT aims to meet the needs of both institutional and individual clients by addressing crucial aspects like trade execution speed and data privacy guarantees. It prioritizes scalability, on-chain data privacy, self-custody support, high transactions per second (TPS) for fast settlement, and top-tier security in order to redefine crypto trading.
Key Features Of GRVT
GRVT can process an impressive volume of up to 600,000 trades per second, maintaining a latency of less than 2 milliseconds. It addresses a notable drawback found in traditional automated market maker (AMM) style DEXs and encourages participation from conventional market makers for enhanced liquidity provision.
To ensure the security of sensitive information and user data, GRVT employs Validiums on a private Hyperchain. This technology allows trading data to be stored off-chain and encrypted before being added to the blockchain. By adopting this approach, GRVT effectively mitigates the risks associated with front-running and market manipulation.
Thus, GRVT represents a groundbreaking shift in decentralized finance. It ushers in a new era of secure and efficient crypto trading, empowering individuals with self-sovereignty. By deploying as a Hyperchain within the ZK Stack, GRVT paves the way for zero-knowledge technology to reshape the internet, making digital self-ownership accessible to all.
“The author’s views are for reference only and shall not constitute any investment advice. Please ensure you fully understand and assess the products and associated risks before purchasing.”
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